Profitable Investment or great income opportunity for owner operator. Two extremely well maintained Gas Station/Deli stores with a drive thru and car wash for sale in Albert Lea, MN. Total population of the town - 18,016. Albert Lea is only 1hour south of Twin Cities/Minneapolis and is located at the junction of I-90 and I-35 Hwy. Both gas stations are located on a busy intersection and high visibility. Traffic count: Front St 6500 & Main St 9900 vehicles/day (MN DOT). Each location has its own car wash. The Front St. location offers a Deli service and the Main St. location offers a unique drive-up service window. Each gas station is equipped with 2-10,000-gallon fuel tanks. Refer to MNPCA tank and testing information for complete details. Walk-in Coolers, dine in option, ATM machine, leak detection system, surveillance system, on-site propane refills, and updated pumps that accepts all major credit and debit cards. Both stores are location within 0.5 miles' distance (9 min walk) which would allow for an owner operator to conveniently manage both sites. 901 Min was built in 1992 (960 SF); Car Wash 1989 (624 SF). 1311 Front was built in 1987 (2400 SF); Car Wash 2004 (792 SF). The financials are available upon request. The owner will show profit and loss statement, income statement and computer generated sales transactions for the past two years to serious buyers only. Sale includes Real Estate, Fixtures/Equipment's & Business Opportunity. Inventory will be sold separately at a much-discounted price. Open to negotiation and selling separately or combined.
Continue onto US 65 S. Continue onto W Main St. Turn left onto S 1st Ave. Turn right onto W Front St.
The approximate monthly Principal & Interest payment for this property would be $1,941. This payment is based on a 30-year loan at a fixed rate of 3.95 % with a down payment of $31,000. Actual lender interest rates and loan programs may vary.
Use our Mortgage Payment Calculator to determine a more exact payment estimate, or Contact a Gerrard-Hoeschler REALTORS Real Estate Agent.
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